How to Stake EOS (EOS) for better returns

Introduction

Staking EOS can be an excellent choice for individuals looking to hold EOS while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we have created this comprehensive guide to assist you.

Step-by-Step Guide

1. 1. Acquire EOS (EOS) Tokens

   To stake EOS, you first need to acquire it. To obtain EOS, you can purchase it from these well-known exchanges.

   Platform	Coin	Price
   Nexo	EOS (EOS)	0.78 APY
   PrimeXBT	EOS (EOS)	0.75 APY
   EarnPark	EOS (EOS)	0.18 APY
   YouHodler	EOS (EOS)	0.78 APY
   Binance	EOS (EOS)	0.78 APY
   BTSE	EOS (EOS)	0.78 APY

   View all 55 prices

2. 2. Select a EOS Wallet for Your Needs

   Once you have EOS, you'll need to select a EOS wallet to securely store your tokens. Here are some excellent options to consider.

   Platform	Coin	Staking returns
   YouHodler	EOS (EOS)	Up to 13% APY
   Binance	EOS (EOS)	Up to 7.5% APY

   View all 9 staking rewards available

3. 3. Delegate Your EOS for Enhanced Returns

   We recommend utilizing a staking pool when staking EOS. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their EOS, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 4. Begin Verification

   You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the EOS network. For these validations, you will be rewarded with EOS.

What to Consider in the Chinese Market

When engaging in transactions and participating in staking pools, it's important to factor in the associated fees. Additionally, there may be a waiting period before you begin to receive rewards. The staking pool must successfully generate blocks, which can require some time to accomplish.